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Wallife raises USD4.8m in seed funding round

Wallife, an Italian insurtech startup focused on protecting the individual from risks arising from technological innovation and scientific progress in the three areas of genetics, biometrics and biohacking, has raised USD4.8 million in its first round of funding.

The company now ranks sixth in Europe within the insurtech sector for the value of seed investment raised according to Crunchbase, one of the leading global databases of financial information on private companies, especially Start-Ups.

Founded in 2021 by Fabio Sbianchi, entrepreneur and founder of Octo Telematics in 2002, Wallife has attracted the interest of more than forty investors including Wellness Holding of Nerio Alessandri, (founder and president of Technogym), Antonio Assereto (Proximity Capital) and Andrea Dini (Aptafin) and other leading figures from the banking and private equity sectors

The second round of investment planned for 2022 will accompany the launch and development of Wallife’s new products.

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